Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says...
In 2021, the non-fungible token (NFT) ecosystem has grown massively and data shows during the last month, there have been 98,832 NFT sales across over 32,000 active wallets. Monthly statistics show $272 million in recorded NFT sales have taken place but a recent report shows the NFT market is starting to “cool off” as NFT volumes have dropped. Although, another study suggests the NFT market could double in size by the fall. Report Notes a ‘Cool Off’ Period in NFT Markets NFT’s have become a huge success in 2021 and the market continues to show people are....
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According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims ‘NFT Bubble Has Popped’ Non-fungible tokens (NFTs) have been all the rage in 2021 and sales continue to this day. However, a recent study published by protos.com indicates that NFT sales have been dropping and NFT sale values have plummeted as well. The report shows that last month $102....
According to a report released on Friday, the creators of the non-fungible token (NFT) collection Cool Cats have signed a deal with the American talent and sports agency based in Los Angeles, CAA (Creative Artists Agency). Cool Cats is one of the top 20 NFT projects in terms of all-time sales volume, and Cool Cats follows other NFT projects like Cryptopunks, Meebits, and World of Women, that have inked deals with a talent manager or agency. Cool Cats Creators and CAA Ink Licensing Deal CAA, the talent agency business that manages numerous clients in entertainment and sports, has revealed....
During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and Hong Kong lead the pack in terms of NFT interest. The research further suggests that “Poland is the most anti-NFT country.” The most searched NFT project worldwide, according to search volumes by country, is Axie Infinity, which commands 112 countries in terms of the top searches by collection.
Singapore, Hong Kong, and....
The researchers also found that Bitcoin is gaining ground compared to other payment methods within El Salvador. Months after Bitcoin (BTC) became legal tender in El Salvador, a study conducted by the National Bureau of Economic Research (NBER) shows that 20 percent of businesses have started to accept BTC as their payment method. The study, surveying adults from 1,800 households in El Salvador, aimed to measure the adoption of BTC in the country after the Bitcoin Law was passed. The researchers found that BTC is gaining ground compared to other payment methods. Suchitoto, a municipality in....
So many drops, and too many missed mints? Cointelegraph has you covered when it comes to keeping a pulse on upcoming NFT projects. With crypto prices down badly, NFTs appear to be on a discount which is making it hard for many collectors to resist a good sale. Notable projects like World of Women have recorded their largest sale at 260 Ether ($627,755 at current value.)In contrast, the total volume sales of Cool Cats decreased by nearly 30% in the last seven days. Yet, newly released projects like Azuki are up over 122%, according to data from OpenSea.Another day, another record breaking....